The goal of the 2014 Rochester Regional Business Plan Contest is to encourage entrepreneurship among all who enter while recognizing and rewarding the most promising new ventures and start-up companies.
The contest accomplishes this goal as early stage companies prepare, refine and then present their business plans and investor pitches to a panel of judges; as they go through the process, company leaders gain valuable insights into what makes a viable business plan and then how to best present that plan to potential investors.
Registration opens on Monday, January 6, 2014 and goes thru Friday, January 24, 2014. The registration fee is $150 per company and includes participation of two company representatives in a series of preparatory workshops.
Workshops begin in late January and the finalists will be selected and announced in early April. The winners will be announced on May 2, 2014 at the 6th Annual Celebration of Entrepreneurship Luncheon.
Three winners will be selected and receive a combination of cash prizes and services. The first-place winner of the annual Rochester Regional Business Plan Contest receives a $25,000 cash prize.
Who Should Enter
The Rochester Regional Business Plan Contest is open to for-profit companies headquartered in the nine-county Finger Lakes Region: Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming, and Yates counties. Students currently enrolled in a college or university within the region are also eligible to enter.
Companies interested in entering should have a scalable business concept with high growth potential. Companies must be early-stage, as defined at the time of application by having less than $250,000 of outside cash investment and less than $500,000 in cumulative revenue (excluding research grants).
Rochester-area businesses have been generous in sponsoring the RRBPC. For details on the benefits and logistics of sponsorship, please download our Sponsor Benefits Sheet.
The Rochester Regional Business Plan Contest is a collaborative initiative aimed at stimulating more entrepreneurial activity in the nine-county Finger Lakes region. The planning committee comprises High Tech Rochester, Inc. (www.htr.org), Digital Rochester (www.digitalrochester.com), The Entrepreneurs Network (www.ten-ny.org), Excell Partners (www.excellny.com), Rochester Institute of Technology (www.rit.edu), Nazareth College School of Management (www.naz.edu/management) and the University of Rochester Simon School of Business (www.simon.rochester.edu).
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